A Tactical Tilt at Interest Rate Sensitives
We remain underweight interest rate sensitive stocks. The rise in global yields has been driven by Fed policy alone, and this looks set to continue...
105 Views
APA Group Retail Short Fall Update
As part of the APA Group entitlement offering book runners launched the retail shortfall bookbuild today. We have covered the fundamentals of the...
110 Views
APA Group Rights Issue: EPS Dilution and Rich Valuation Despite Stable Business
APA Group, a major gas pipeline operator in Australia, is raising AUD500m in rights issue. Institutional book building is taking place today and...
189 Views
Global Equity Strategy: Overweight EM
Big-picture technicals offer a compelling outlook for equities -- in the long-run. Despite arguably stretched trends, especially in the U.S. and...
676 Views
APA Group Looks Overvalued After Its Recent Strong Share Price Rally
Narrow moat-rated APA Group's share price has recovered strongly, providing investors with another good opportunity to reduce exposure. While still...
195 Views